Can I file bankruptcy again
July 31st, 2008 by Questions
I had to file for Bankruptcy in the past due to a separation.
Now I am having financial problems of my own, am I am to file for it again?
Posted from: Nova Scotia
One Response to “Can I file bankruptcy again”
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August 01, 2008 at 9:33 am, Barton Goth - Goth & Company Inc. - Bankruptcy Trustees said:
It is always possible to file a second bankruptcy, but whether or not it is necessary really depends on the severity of the situation.
While multiple bankruptcies are possible, each successive bankruptcy becomes more difficult and has a more sever impact on your credit. As a result I always encourage people to explore the filing of a consumer proposal instead.
Either way you are leaning the next thing that you should do is to contact a local trustee and together you can review which options are appropriate.